Russian man reaches plea deal in hacking, extortion scheme that targeted Philly businesses

PHILADELPHIA (KYW Newsradio) — A Russian man who was arrested in Rome and charged in a hacking and extortion scheme that targeted businesses in Philadelphia has reached a plea deal with federal prosecutors.

Aleksei Volkov will plead guilty to charges of conspiracy to commit computer fraud, money laundering, and identity theft.

Court documents show the 25-year-old is accused of serving as a broker of sorts to computer criminals. Authorities said he would illegally gain access to corporate networks and offer them up for use in a ransomware attack in exchange for a portion of the proceeds…

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